YaSheng Group (HERB)

[RealDutch]

This is from May 2015.

http://business.utah.gov/wp-content/uploads/BIU-2015full.pdf

About the time Zhejiang Walt was announcing the expansion of Lin Manufacturing in Utah, Yasheng Group, a China-based agricultural conglomerate with U.S. headquarters in Redwood City, Calif., was forming a joint venture with Utah-based Intermountain Brands Corporation (IBC). Yasheng Group has annual sales exceeding $1 billion and about $2 billion in assets, and was looking for a company to source U.S.-made infant formula, said IBC founder and CEO Steve White.
Yasheng Group and IBC formed Angel Star Nutrition LLC, which will batch, blend, package and export dairy products from West Valley City to China under the Angel Star brand. IBC and Yasheng Group each hold a 50 percent stake in Angel Star. Once Angel Star receives Chinese approval to export baby formula, the company will become a major exporter “overnight,” according to White.

Might want to ask White what he considers to be "overnight". Or perhaps we will read all about it in the 10-K?


Repost - Angel Star Brochure, July 2015
http://www.slideshare.net/JoenitoSoon/angel-star-brochure-july-2015-joe